Aspen Technologies to bring plant, jobs to Manchester

Michigan-based Aspen Technologies Inc. is building a polyurethane foam molding plant that could bring more than 160 jobs to Coffee County over the next five years.

The company plans to invest $5.1 million to build the factory in the Manchester Industrial Park.

Aspen Technologies' customer base is primarily automotive. In recent years, however, the company has been awarded more non-automotive business and intends to shift about 25 percent of its sales to non-automotive-related sectors.

The company was founded in 2003 to develop, manufacture and assemble specialized polyurethane foam products for the automotive industry, as well as heavy truck and sport recreation markets.

Aspen Technologies will begin the hiring process in June and start production in the facility the first week of July.